1857 E Pinchot Ave Phoenix, AZ 85016
Estimated Value: $503,258 - $636,000
--
Bed
--
Bath
1,777
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Ceramic Tile Flooring
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Central Air
- Heat Pump System
About This Home
As of February 2021Unique opportunity! Own a duplex on an oversized lot in Urbandale! With two 2-bed/1-bath units (one leased and the other newly remodeled and vacant), the options are many: Rent the remodeled unit for top dollar. Move in and live for next to nothing. Add another unit in the back. Convert the existing carport into a garage, or another unit. Most of the heavy lifting has already been done here! Newer roof, new solid entry doors, new dual pane windows, new ext. paint, new AC and new water heater in east unit, new block privacy walls with remote electric gate access, newer electric breaker panels and newer AC in west unit. West unit completely renovated with all new cabinets, tile floors, appliances and granite. Lots of remodeling and new projects in the neighborhood. Close to downtown.
Last Agent to Sell the Property
DPR Realty LLC License #SA556910000 Listed on: 10/26/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,348
Year Built
- Built in 1948
Lot Details
- 9,322
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
- Paved Parking
- RV or Boat Parking
Utilities
- Central Air
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV, landscaping
- The owner pays for trash collection, water, sewer
- Tax Lot 106
- Assessor Parcel Number 119-25-106-A
Community Details
Overview
- 2 Units
- Building Dimensions are 9319 Sq Ft
- Urbandale Subdivision
Building Details
- Gross Income $28,800
- Net Operating Income $25,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2020
Closed on
Jan 27, 2021
Sold by
Pinchot Chad and Pinchot Tabitha
Bought by
Olivares Elisa and Clay Adam M
Seller's Agent
Larry Shinn
DPR Realty LLC
Buyer's Agent
Butch Leiber
Rev Residential Brokerage
List Price
$420,000
Sold Price
$399,000
Premium/Discount to List
-$21,000
-5%
Total Days on Market
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,065
Avg. Annual Appreciation
8.17%
Original Mortgage
$391,773
Outstanding Balance
$353,816
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$207,249
Purchase Details
Closed on
Aug 28, 2019
Sold by
Pinchot Chad
Bought by
Pinchot Chad and Pinchot Tabitha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,079
Interest Rate
3.8%
Mortgage Type
VA
Purchase Details
Listed on
Mar 4, 2018
Closed on
May 15, 2018
Sold by
Pinchot Tabitha Marie
Bought by
Pinchot Chad R
Seller's Agent
David Elton
Arizona Best Real Estate
Buyer's Agent
Larry Shinn
DPR Realty LLC
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$238,009
Interest Rate
4.4%
Mortgage Type
VA
Purchase Details
Closed on
Jul 11, 2001
Sold by
Hampton Randall E and Herrera Muerinda
Bought by
Herrera Muerinda and Herrera Gregory M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.26%
Similar Home in Phoenix, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olivares Elisa | $399,000 | Old Republic Title Agency | |
| Pinchot Chad | -- | Empire West Title Agency Llc | |
| Pinchot Chad R | -- | Equity Title Agency Inc | |
| Pinchot Chand | $230,000 | Equity Title Agency Inc | |
| Herrera Muerinda | -- | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olivares Elisa | $391,773 | |
| Previous Owner | Pinchot Chad | $237,079 | |
| Previous Owner | Pinchot Chad R | $238,009 | |
| Previous Owner | Herrera Muerinda | $70,000 | |
| Previous Owner | Herrera Muerinda | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2021 02/05/21 | Sold | $399,000 | 0.0% | $225 / Sq Ft |
| 11/19/2020 11/19/20 | Price Changed | $399,000 | -2.7% | $225 / Sq Ft |
| 11/09/2020 11/09/20 | Price Changed | $409,900 | -2.4% | $231 / Sq Ft |
| 10/26/2020 10/26/20 | For Sale | $420,000 | +82.6% | $236 / Sq Ft |
| 05/30/2018 05/30/18 | Sold | $230,000 | -2.1% | $129 / Sq Ft |
| 03/04/2018 03/04/18 | For Sale | $235,000 | -- | $132 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,503 | $11,558 | -- | -- |
| 2024 | $1,485 | $11,007 | -- | -- |
| 2023 | $1,485 | $40,020 | $8,000 | $32,020 |
| 2022 | $1,341 | $31,030 | $6,200 | $24,830 |
| 2021 | $1,382 | $27,310 | $5,460 | $21,850 |
| 2020 | $1,348 | $22,680 | $4,530 | $18,150 |
| 2019 | $1,339 | $19,760 | $3,950 | $15,810 |
| 2018 | $1,311 | $15,570 | $3,110 | $12,460 |
| 2017 | $1,259 | $14,270 | $2,850 | $11,420 |
| 2016 | $1,209 | $10,770 | $2,150 | $8,620 |
| 2015 | $1,125 | $9,820 | $1,960 | $7,860 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Shinn
Seller's Agent in 2021
Larry Shinn
DPR Realty
(480) 201-0770
18 Total Sales
-
Butch Leiber
Buyer's Agent in 2021
Butch Leiber
Rev Residential Brokerage
(602) 390-1399
46 Total Sales
-
David Elton
Seller's Agent in 2018
David Elton
Arizona Best Real Estate
(480) 226-3711
89 Total Sales
-
Rick Elton
Seller Co-Listing Agent in 2018
Rick Elton
Arizona Best Real Estate
(602) 818-7141
79 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6152387
APN: 119-25-106A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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